BSN Appoints Zukri Samat As New Chairman

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Simpanan Nasional (BSN) has appointed Datuk Seri Dr Zukri Samat as its new chairman, effective Oct 12, 2026, succeeding Datuk Seri Dr Awang Adek Hussin.

External Risks, Domestic Politics To Weigh On Malaysia's Economy In 2027 -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainty, the United States (US) trade protectionism policy, and high interest rates in developed nations, an economist said.

Avolution-Deloitte India Alliance To Advance Enterprise Architecture, AI Adoption

KUALA LUMPUR, Oct 8 (Bernama) -- Avolution, an enterprise architecture solutions provider, and Deloitte India have announced a strategic alliance to help organisations strengthen enterprise architecture capabilities and make more informed technology and transformation decisions through Avolution’s ABACUS platform.

Cost Absorption Keeps Inflation Low But Price Pressures May Build In 2027 — Bank Muamalat

KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.

Bursa Malaysia Stays In Negative Territory At Midday, Tracking Regional Markets

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed in negative territory at midday, mirroring losses across regional markets amid persistent selling pressure and higher oil prices.

Bursa Malaysia Stays Lower At Mid-Morning

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed lower at mid-morning weighed down by persistent selling in selected heavyweights led by the financial services and construction sectors. 

Bursa Malaysia Retreats After Opening Higher, Tracks Weaker Wall Street

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated shortly after, tracking weaker Wall Street performance overnight as sentiment was weighed down by surging US Treasury yields.

Ringgit Opens Slightly Higher Against US Dollar, Markets Eye Budget 2027

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday as markets awaited the tabling of Budget 2027 for clues on the direction of the country’s fiscal deficit.

AmBank Strengthens Affluent Banking, Wealth Management With Kelawei Flagship Branch

GEORGE TOWN, Oct 8 (Bernama) -- AmBank Group is strengthening its commitment to the affluent segment and wealth management by launching its Kelawei flagship branch, bringing together AmBank Signature Priority Banking (AmSPB) and AmPrivate Banking.

Ringgit Ends Higher Against Major Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed higher against most major currencies but lower against the US dollar on Wednesday, as the greenback strengthened broadly amid renewed concerns over Europe’s fiscal outlook, an analyst said.

Bursa Malaysia Ends Lower As Higher US Yields, Oil Prices Weigh On Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wall Street’s rally as elevated US Treasury yields and renewed gains in crude oil weighed on sentiment.

Bursa Malaysia Stays In The Red At Mid-afternoon

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon, in line with weaker regional markets.